Telecom Plus plc interim dividend increased to 36p per share

DividendMax Ltd.

Telecom Plus plc interim dividend increased to 36p per share

An interim dividend of 36.0p per share will be paid on 15 December 2023 to shareholders on the register at close of business on 1 December 2023. The estimated amount of this dividend to be paid is approximately £28.5m and, in accordance with IFRS accounting requirements, has not been recognised in these accounts.

Other financial highlights include:

● Revenue up 57.1% to £883.6m (2022: £562.4m)

● Adjusted profit before taxation up 36.1% to £43.7m (2022: £32.1m)

● Statutory profit before taxation up 22.7% to £35.7m (2022: £29.1m)

● Borrowing facilities successfully refinanced

● Underlying net debt to EBITDA ratio (on a 12-month rolling basis) of 0.7x

Companies mentioned